Holding(s) in Company

Ashmore Group PLC
16 November 2006




NOTIFICATION OF MAJOR INTERESTS IN SHARES



1.  Name of listed company



ASHMORE GROUP PLC



2.  Name of shareholder with a major interest



- FIDELITY INTERNATIONAL
- FMR CORP
  AND THEIR DIRECT AND INDIRECT SUBSIDIARIES



3.  Please state whether notification indicates that it is regarding the holding
of the shareholder named in 2 above; in respect of a non-beneficial
interest; or in the case of an individual holder if it is a holding of
that person's spouse or children under the age of 18



SEE APPENDIX 1



4.  Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them



SEE APPENDIX 1



5.  Number of shares/amount of stock acquired



N/A



6.  Percentage of issued class (any treasury shares held by the listed company
should not be taken into account when calculating percentage)



N/A



7.  Number of shares/amount of stock disposed



N/A



8.  Percentage of issued class (any treasury shares held by the listed company
should not be taken into account when calculating percentage)



N/A



9.  Class of security

ORDINARY SHARES OF 0.01p EACH





10. Date of transaction



N/A



11. Date listed company informed


15 NOVEMBER 2006


12. Total holding following this notification



21,828,925 ORDINARY SHARES



13. Total percentage holding of issued class following this notification (any
treasury shares held by the listed company should not be taken into account when
calculating percentage)



3.08%



14. Any additional information



N/A



15. Name of contact and telephone number for queries



MARK GRIMWOOD

020 7557 4123



16. Name and signature of duly authorised officer of the listed company
responsible for making this notification



MARK GRIMWOOD



Date of notification __________16th NOVEMBER 2006 _________


 ____________________________________________________________________

APPENDIX 1

On 15 November 2006, Ashmore Group plc (the 'Company') received the following
notification dated 14 November 2006:



'Dear Sirs,

Enclosed are amended notifications of disclosable interests under the U.K.
Companies Act 1985. Please note that while this information details the
disclosable interests of more than one entity, the enclosed disclosure
constitutes separate notifications of interest which have been combined solely
for purposes of clarity and efficiency. It is not intended to indicate that any
of these entities act as a group or in concert with respect to these interests.

These disclosures are made in the interest of conformity with the Companies Act.
The Interest detailed herein were acquired solely for investment purposes. For
disclosure purposes, holdings should be represented as FMR Corp. and its direct
and indirect subsidiaries, and Fidelity International Limited (FIL) and its
direct and indirect subsidiaries, both being non-beneficial holders.



NOTIFICATIONS UNDER SECTIONS 198 TO 202 - UK COMPANIES ACT

1.  Company in which shares are held:        Ashmore Group plc

2.  Notifiable Interest:                     Ordinary Shares

            (A)        FMR Corp.
                       82 Devonshire Street
                       Boston, MA 02109

Parent holding company of Fidelity Management & Research Company (FMRCO),
investment manager for US mutual funds, and Fidelity Management Trust Company
(FMTC), a US state chartered bank which acts as a trustee or investment manager
of various pension and trust accounts. (See Schedule A for listing of Registered
Shareholders and their holdings).

            (B)        Fidelity International Limited (FIL)
                       PO Box HM 670
                       Hamilton HMCX, Bermuda

Parent holding company for various direct and indirect subsidiaries, including
Fidelity Investment Services Ltd. (FISL), Fidelity Gestion (FIGEST), Fidelity
Investments Advisory (Korea) Limited (FIA(K)L), Fidelity Investments Management
(Hong Kong) Limited (FIMHK), Fidelity Pension Management (FPM), Fidelity
Investments Japan (FIJ) and Fidelity Investments International (FII), investment
managers for various non-US investment companies and institutional clients.

3.  The notifiable interests also comprise the notifiable interest of:

                       Mr Edward C Johnson 3d
                       82 Devonshire Street
                       Boston, MA 02109

A principal shareholder of FMR Corp. and Fidelity International Limited.

4.  The notifiable interests include interest held on behalf of
authorized unit trust schemes in the U.K., notwithstanding the exemption from
reporting pursuant to Section 209(1)(h) of the Companies Act 1985.

5.  These notifications of disclosable interests constitute separate
notifications of interest in the shares and are combined solely for the purposes
of clarity and efficiency. Nothing herein should be taken to indicate that FMR
Corp. and its direct and indirect subsidiaries, Fidelity International Limited
and its direct and indirect subsidiaries or Mr Edward C. Johnson 3d act as a
group or in concert in respect of the disclosed interests, or that they are
required to submit these notifications on a joint basis.

6.  The disclosable interests arise under section 208 (4) (b) of
the Act, namely where a person, not being the registered holder, is entitled to
exercise a right conferred by the holding of the shares or to control the
exercise of such rights, or under section 203 of the Act respectively.

Rani Jandu

Regulatory Reporting Senior Manager, FIL - Investment Compliance

Duly authorized under Powers of Attorney dated August 25, 204 by Eric D. Roiter
by and on behalf of FMR Corp. and its direct and indirect subsidiaries, and
Fidelity International Limited and its direct and indirect subsidiaries.



(Schedule A)

Security:  ASHMORE GROUP PLC

Current ownership percentage:                          3.08%

Total Shares Held                                      21,828,925

Shares in issue:                                       708,925,000


SHARES HELD            MANAGEMENT COMPANY       NOMINEE/REGISTERED NAME


        2,025,100             FMTC              JPMORGAN CHASE BANK
        1,424,100             FMTC              STATE STREET BANK AND TR CO
          290,700             FMTC              MELLON BANK N.A.
          198,600             FMTC              NORTHERN TRUST CO
       10,602,300             FMRCO             BROWN BROTHERS HARRIMAN AND CO
        5,331,300             FMRCO             MELLON BANK N.A.
        1,956,825             FMRCO             CITIBANK NA

'


                      This information is provided by RNS
            The company news service from the London Stock Exchange